TRUMP: U.S. 'economy is roaring back'- what June job numbers really means and why Biden called the president out for his enthusiasm over them
By Mona Austin Pres. Trump answered the storm of recent negative press by sharing positive news on the U.S. economy Thursday morning. As millions of American workers return to work he said, "Our economy is roaring back. It's coming back extremely strong. We have some areas where we're putting out the flames or the fires, and that's working out well. We're working very closely with governors, and I think it's working out very well." The June jobs report was a giant leap forward in hiring. Setting a historic record, there were 4.8 million jobs added, far exceeding the 3 million estimated. In April employment slumped at a rate of 14.7. Then by May job numbers recovered, a sign that the government sponsored stimulus checks had worked to keep the economy from crashing. By June the unemployment rate was 11.1%, setting a historic record. All the numbers are to celebratory. The Black unemployment rate dropped to 1...